(AP Photo/Rick Bowmer, File)
THE WASHINGTON EXAMINER - Sen. Joe Manchin, D-W.Va., doesn’t understand Bitcoin, and because of that, he wants to ban it, calling the popular cryptocurrency “highly unstable and disruptive to our economy.”
Manchin sent a letter to the Treasury Department, Federal Reserveand several other regulators, requesting that they “limit the abilities of this highly unstable currency.”
“The very features that make Bitcoin attractive to some also attract criminals who are able to disguise their actions from law enforcement,” Manchin said. “Due to Bitcoin’s anonymity, the virtual market has been extremely susceptible to hackers and scam artists stealing millions from Bitcoins users.”
Read more at The Washington Examiner.
Joe Manchin wants to ban Bitcoin
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